Sixth Street Lending Partners, Inc. Presentation to State of Connecticut

SIXTH STREET DIRECT LENDING DIFFERENTIATION 1 3 THEMATIC INVESTING We believe our thematic focus enhances our ability to generate attractive risk-adjusted returns ● Creates more advantaged deal dynamics; allows us to provide value-add for borrowers give our deep sector expertise and structuring capabilities Rotation and incubation of new themes as markets evolve Broad origination network across targeted ecosystems ILLUSTRATIVE THEMES B2B Payments Xavidxchange PayScale HUMAN CAPITAL. PayLease Pay Simple Asset-based Lending CENTRIC BRANDS iHeart MEDIA INC Education Technology illuminate education education... 6 2 Founders of asset class - began direct lending practice in early 2000s Dual focus on sourcing and asset management OMNI-CHANNEL SOURCING APPROACH Organized sourcing infrastructure with proprietary information system that creates ownership and accountability Omni-channel networks that allow for consistent deal flow across varying market environments REPRESENTATIVE SOURCING CHANNELS SIXTH STREET DIRECT LENDING Banks 6 Advisors Other SIXTH STREET HIGHLY CONFIDENTIAL Thematic Direct-to- company STREET Creator of private-to-public BDC model Consistent outperformance through the cycle WE BELIEVE WE HAVE AN UNRIVALED TRACK RECORD AND EXPERIENCE MASH Financial sponsors Note: As of 12/31/21 unless otherwise noted. Investments selected to represent direct lending strategy investments of a variety of asset types and transaction structures across multiple Sixth Street funds. This list is not comprehensive. Performance information reflects gross performance that excludes many fund-related costs and expenses The inclusion of such costs and expenses would reduce returns, and in the aggregate, differences between gross and net returns may be substantial. Example shown for illustrative purposes only and is not intended to be, and must not be, taken as the basis for an investment decision. It should not be assumed that any investment not shown would perform similarly to the example shown. Reflects a subset of the principle investment theses at the time of underwriting, which are based on, among other things, Sixth Street's subjective view at the time. Past performance does not guarantee future results, which may vary. 6 11

View entire presentation